Taraf is a boutique luxury real estate developer and asset manager in the United Arab Emirates, launched in January 2023 as the real estate division of Yas Holding, an investment holding group headquartered in Abu Dhabi. Taraf develops design led residential projects in prime locations across Dubai and Abu Dhabi, including Palm Jumeirah, Jumeirah Village Circle and Jumeirah Golf Estates, and is known for branded residence partnerships with Marriott International and the fashion house Karl Lagerfeld.
The company was created as part of a deliberate diversification push by Yas Holding, a multi sector Emirati group. That parentage matters. Taraf entered the Dubai market not as a startup betting on presales, but as a division of an established conglomerate with its own capital, which shapes how the company selects land, appoints contractors and paces its launches.
| Taraf at a Glance | |
|---|---|
| Launched | January 2023 |
| Parent company | Yas Holding, a UAE headquartered investment holding group based in Abu Dhabi |
| Leadership | Low Ping, Group CEO of Yas Holding; Ahmad Shibel, CEO of Taraf |
| What they do | Boutique luxury residential development and asset management across Dubai and Abu Dhabi |
| Property types | Apartments, penthouses, golf course villas and mansions, branded residences |
| Dubai communities | Palm Jumeirah, Jumeirah Village Circle, Jumeirah Golf Estates |
| Known for | Design led boutique projects, the Luce sellout on Palm Jumeirah, partnerships with Marriott (W Residences) and Karl Lagerfeld |
Taraf builds boutique residential projects rather than mega communities. The company deliberately keeps its portfolio small and selective, choosing established prime addresses where land is scarce and buyer demand is proven. Its stated approach is design first: each project is architect driven, with curated layouts, premium finishes and a limited number of units.
Alongside development, Taraf operates as an asset manager, which means the company retains a long term interest in how its buildings perform after handover rather than simply selling and exiting.
| Project | Community | Property Type |
|---|---|---|
| Luce | Palm Jumeirah | Beachfront apartments and penthouses on the Crescent |
| Terrazzo Residences | Jumeirah Village Circle | Two mid rise towers with 1 to 3 bedroom apartments |
| Terra Golf Collection | Jumeirah Golf Estates | Golf course villas and mansions |
| Cello Residences | Jumeirah Village Circle | Studios, 1 to 3 bedroom apartments and 4 bedroom penthouses |
| Karl Lagerfeld branded villas | Dubai | Fashion branded villa collection under an exclusive partnership |
Outside Dubai, Taraf is developing Solea on Saadiyat Island, W Residences Abu Dhabi on Al Maryah Island, and a joint venture with Masdar City for a 1.4 million square metre sustainable residential community announced in September 2025.
Taraf is a young developer, so its growth story covers roughly three years rather than five, and it has been rapid. The company launched in January 2023 with no portfolio. Within its first twelve months it announced four Dubai projects: Luce on Palm Jumeirah in February 2023, followed by Terrazzo Residences, the Terra Golf Collection and Cello Residences in January 2024.
Luce set the tone. The developer reports that the Palm Jumeirah project sold out within hours of launch, a rare result for a first project from a new name. By early 2025 Taraf had broken ground on W Residences Abu Dhabi, the first W branded residences in that emirate, and by late 2025 it had signed the Masdar City joint venture, its largest undertaking to date. The company states that its earliest project completion is scheduled for 2026, which is when its delivery track record formally begins.
Content Reviewed By: Vikas Taneja-RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
Taraf is the real estate division of Yas Holding, an investment holding group headquartered in the UAE. Low Ping serves as Group CEO of Yas Holding and Ahmad Shibel as CEO of Taraf.
Taraf was launched in January 2023.
Palm Jumeirah, Jumeirah Village Circle and Jumeirah Golf Estates.
Taraf combines conglomerate backing from Yas Holding, prime location selection and boutique project sizes. As a young developer its first completions are scheduled from 2026, so buyers should review construction progress and escrow details for any specific project before purchasing.
Luce on Palm Jumeirah, launched in February 2023. The developer reports it sold out within hours.
Yes. Taraf is developing W Residences Abu Dhabi with Marriott International and holds an exclusive partnership with the fashion house Karl Lagerfeld for a branded villa collection.